Real Estate Investment Properties for Sale in Caro, MI

Looking for investment property in Caro, MI with high ROI ?

Explore a variety of short-term homes & houses in Caro, MI. Invest wisely with VRBO & Caro, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Caro, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2455 Jacob Rd Caro, MI BUYER FINANCING FELL THROUGH. Quiet country location with farm house with two acres just e...	3 beds \| 1 baths \| 1,476 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.67% Airbnb Rental Income: $null Traditional Rental Income: $1325 Airbnb ROI: N/A Traditional ROI: 3.67%
140 Alexander St Caro, MI Nice 3-bedroom home located in the City of Caro! Conveniently situated close to schools an...	3 beds \| 1 baths \| 1,500 sq.ft.	$159,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.24% Airbnb Rental Income: $null Traditional Rental Income: $1644 Airbnb ROI: N/A Traditional ROI: 8.24%
112 Alexander St Caro, MI Calling all investors!!! 4 bedrooms, 1 1/2 baths on a basement in the city limits of Caro...	4 beds \| 2 baths \| 1,890 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.21% Airbnb Rental Income: $null Traditional Rental Income: $2284 Airbnb ROI: N/A Traditional ROI: 8.21%
2031 E Dayton Caro, MI Beautiful 3-Bedroom with 2 full amazing bathroom Home on 2.07 Acres - Just Outside Caro Th...	3 beds \| 2 baths \| 1,544 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.01% Airbnb Rental Income: $null Traditional Rental Income: $2204 Airbnb ROI: N/A Traditional ROI: 4.01%
3473 Mertz Rd Caro, MI 3473 Mertz Rd, Caro, MI 48723 \| Single Family Residential	3 beds \| 2 baths \| 1,500 sq.ft.	$254,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.62% Airbnb Rental Income: $null Traditional Rental Income: $1811 Airbnb ROI: N/A Traditional ROI: 4.62%
3254 S Plain Rd Caro, MI 3254 S Plain Rd, Caro, MI 48723 \| Single Family Residential	3 beds \| 2 baths \| 1,408 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.34% Airbnb Rental Income: $null Traditional Rental Income: $1872 Airbnb ROI: N/A Traditional ROI: 4.34%
0 Weeden Rd Caro, MI 0 Weeden Rd, Caro, MI 48723 \| Other	N/A beds \| N/A baths \| N/A	$39,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.86% Airbnb Rental Income: $null Traditional Rental Income: $646 Airbnb ROI: N/A Traditional ROI: 10.86%
2649 Colwood Rd Caro, MI 2649 Colwood Rd, Caro, MI 48723 \| Single Family Residential	4 beds \| 2 baths \| 3,000 sq.ft.	$589,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.5% Airbnb Rental Income: $null Traditional Rental Income: $2313 Airbnb ROI: N/A Traditional ROI: 1.5%
201 S Almer St Caro, MI 201 S Almer St, Caro, MI 48723 \| Single Family Residential	2 beds \| 2 baths \| 1,491 sq.ft.	$128,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.94% Airbnb Rental Income: $null Traditional Rental Income: $1636 Airbnb ROI: N/A Traditional ROI: 9.94%
96 Rodd Dr Caro, MI 96 Rodd Dr, Caro, MI 48723 \| Single Family Residential	3 beds \| 2 baths \| 1,820 sq.ft.	$305,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.13% Airbnb Rental Income: $null Traditional Rental Income: $2008 Airbnb ROI: N/A Traditional ROI: 4.13%
V/L Ringle Caro, MI V/L Ringle, Fairgrove, MI 48723 \| Other	N/A beds \| N/A baths \| N/A	$1,170,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.04% Airbnb Rental Income: $null Traditional Rental Income: $632 Airbnb ROI: N/A Traditional ROI: -2.04%
0000 S Plain & Curry Rd Caro, MI 0000 S Plain & Curry Rd, Caro, MI 48723 \| Other	N/A beds \| N/A baths \| N/A	$99,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.05% Airbnb Rental Income: $null Traditional Rental Income: $632 Airbnb ROI: N/A Traditional ROI: 3.05%
0000 S Plain Rd Caro, MI 0000 S Plain Rd, Caro, MI 48723 \| Other	N/A beds \| N/A baths \| N/A	$99,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.2% Airbnb Rental Income: $null Traditional Rental Income: $646 Airbnb ROI: N/A Traditional ROI: 3.2%
1120 Northview Drive Caro, MI Set back from the road with a long, welcoming drive and surrounded by mature trees, this 5...	5 beds \| 3 baths \| 2,860 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.03% Airbnb Rental Income: $null Traditional Rental Income: $3067 Airbnb ROI: N/A Traditional ROI: 8.03%
2905 S Plain Rd Caro, MI 2905 S Plain Rd, Caro, MI 48723 \| Single Family Residential	3 beds \| 2 baths \| 1,188 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.24% Airbnb Rental Income: $null Traditional Rental Income: $1638 Airbnb ROI: N/A Traditional ROI: 5.24%
1576 Pine Knoll Ln Caro, MI 1576 Pine Knoll Ln, Caro, MI 48723 \| Single Family Residential	3 beds \| 2 baths \| 2,316 sq.ft.	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.86% Airbnb Rental Income: $null Traditional Rental Income: $2161 Airbnb ROI: N/A Traditional ROI: 3.86%
2404 Froede Road Caro, MI Welcome to peaceful, country living on 5.38 acres in Caro. This spacious home offers 1,740...	5 beds \| 2 baths \| 2,320 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.25% Airbnb Rental Income: $null Traditional Rental Income: $2593 Airbnb ROI: N/A Traditional ROI: 5.25%
100 S Hooper Street Caro, MI This charming single-family residence is located in a well-established community near scho...	1 beds \| 1 baths \| 943 sq.ft.	$99,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.37% Airbnb Rental Income: $null Traditional Rental Income: $1195 Airbnb ROI: N/A Traditional ROI: 9.37%
2080 S Sheridan Rd Caro, MI 2080 S Sheridan Rd, Caro, MI 48723 \| Single Family Residential	3 beds \| 1 baths \| 1,189 sq.ft.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.26% Airbnb Rental Income: $null Traditional Rental Income: $1353 Airbnb ROI: N/A Traditional ROI: 5.26%
3926 Ball Rd Caro, MI Your Dream Homestead Awaits: 3-Bedroom Log Home with Exceptional Amenities on nearly 8 acr...	3 beds \| 2 baths \| 2,632 sq.ft.	$539,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.61% Airbnb Rental Income: $null Traditional Rental Income: $1674 Airbnb ROI: N/A Traditional ROI: 0.61%
1027 Valley Drive Caro, MI Welcome to this well-maintained 3 bedroom, 1 bath ranch home situated on nearly a half acr...	3 beds \| 1 baths \| 1,120 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.87% Airbnb Rental Income: $null Traditional Rental Income: $1580 Airbnb ROI: N/A Traditional ROI: 5.87%
2248 Vickory Rd Caro, MI 2248 Vickory Rd, Caro, MI 48732 \| Single Family Residential	3 beds \| 1 baths \| 1,232 sq.ft.	$196,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.93% Airbnb Rental Income: $null Traditional Rental Income: $1669 Airbnb ROI: N/A Traditional ROI: 5.93%
2234 W Caro Rd Caro, MI 2234 W Caro Rd, Caro, MI 48723 \| Single Family Residential	3 beds \| 1 baths \| 1,416 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.11% Airbnb Rental Income: $null Traditional Rental Income: $1412 Airbnb ROI: N/A Traditional ROI: 4.11%
741 W Hunt Rd Caro, MI 741 W Hunt Rd, Caro, MI 48723 \| Single Family Residential	4 beds \| 2 baths \| 5,995 sq.ft.	$1,199,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.75% Airbnb Rental Income: $null Traditional Rental Income: $2083 Airbnb ROI: N/A Traditional ROI: -0.75%
2850 Tin Bill Rd. Rd Caro, MI 2850 Tin Bill Rd. Rd, Caro, MI 48723 \| Single Family Residential	4 beds \| 2 baths \| 1,416 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.06% Airbnb Rental Income: $null Traditional Rental Income: $2188 Airbnb ROI: N/A Traditional ROI: 3.06%
1469 S Colling Rd Caro, MI 1469 S Colling Rd, Caro, MI 48723 \| Single Family Residential	4 beds \| 1 baths \| 2,284 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.53% Airbnb Rental Income: $null Traditional Rental Income: $1520 Airbnb ROI: N/A Traditional ROI: 3.53%
429 S Almer St Caro, MI 429 S Almer St, Caro, MI 48723 \| Single Family Residential	3 beds \| 2 baths \| 1,536 sq.ft.	$162,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.82% Airbnb Rental Income: $null Traditional Rental Income: $1845 Airbnb ROI: N/A Traditional ROI: 8.82%
1684 Colwood Rd Caro, MI Affordable country living with incredible versatility! Situated on a 0.30-acre lot just ou...	2 beds \| 1 baths \| 720 sq.ft.	$69,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.21% Airbnb Rental Income: $null Traditional Rental Income: $937 Airbnb ROI: N/A Traditional ROI: 10.21%
4707 Dixon Road Caro, MI Located just 10 minutes from downtown Caro. This 3-bedroom, 1 full bath, 1,488 sq. ft. ran...	3 beds \| 1 baths \| 1,488 sq.ft.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.78% Airbnb Rental Income: $null Traditional Rental Income: $1601 Airbnb ROI: N/A Traditional ROI: 4.78%
1646 Boy Scout Rd Caro, MI Great opportunity to own a private ranch home situated on 10 beautiful acres with frontage...	3 beds \| 1 baths \| 1,264 sq.ft.	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.59% Airbnb Rental Income: $null Traditional Rental Income: $1852 Airbnb ROI: N/A Traditional ROI: 3.59%
3865 Mushroom Rd Caro, MI 3865 Mushroom Rd, Caro, MI 48723 \| Single Family Residential	3 beds \| 2 baths \| 1,650 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.01% Airbnb Rental Income: $null Traditional Rental Income: $1947 Airbnb ROI: N/A Traditional ROI: 6.01%
2435 E Dayton Rd Caro, MI 2435 E Dayton Rd, Caro, MI 48723 \| Single Family Residential	4 beds \| 2 baths \| 1,620 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.68% Airbnb Rental Income: $null Traditional Rental Income: $1947 Airbnb ROI: N/A Traditional ROI: 2.68%
2159 E Bevens Rd Caro, MI 2159 E Bevens Rd, Caro, MI 48723 \| Single Family Residential	3 beds \| 2 baths \| 1,900 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.17% Airbnb Rental Income: $null Traditional Rental Income: $2124 Airbnb ROI: N/A Traditional ROI: 3.17%
1556 W Gilford Rd Caro, MI 1556 W Gilford Rd, Caro, MI 48723 \| Single Family Residential	2 beds \| 1 baths \| 981 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.29% Airbnb Rental Income: $null Traditional Rental Income: $1069 Airbnb ROI: N/A Traditional ROI: 4.29%
2100 Froede Rd Caro, MI 2100 Froede Rd, Caro, MI 48723 \| Single Family Residential	3 beds \| 1 baths \| 1,200 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.65% Airbnb Rental Income: $null Traditional Rental Income: $1349 Airbnb ROI: N/A Traditional ROI: 3.65%
129 E Congress St Caro, MI 129 E Congress St, Caro, MI 48723 \| Single Family Residential	3 beds \| 2 baths \| 1,500 sq.ft.	$173,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.03% Airbnb Rental Income: $null Traditional Rental Income: $1840 Airbnb ROI: N/A Traditional ROI: 8.03%
3135 Lee Hill Rd Caro, MI 3135 Lee Hill Rd, Caro, MI 48723 \| Single Family Residential	3 beds \| 2 baths \| 2,040 sq.ft.	$710,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.59% Airbnb Rental Income: $null Traditional Rental Income: $2155 Airbnb ROI: N/A Traditional ROI: 0.59%
402 Black St Caro, MI 402 Black St, Caro, MI 48723 \| Single Family Residential	3 beds \| 1 baths \| 1,634 sq.ft.	$92,700	Airbnb cash on cash: N/A Traditional cash on cash: 11.86% Airbnb Rental Income: $null Traditional Rental Income: $1392 Airbnb ROI: N/A Traditional ROI: 11.86%
1873 Pierce Rd Caro, MI 1873 Pierce Rd, Caro, MI 48723 \| Single Family Residential	3 beds \| 1 baths \| 2,000 sq.ft.	$249,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.47% Airbnb Rental Income: $null Traditional Rental Income: $1508 Airbnb ROI: N/A Traditional ROI: 3.47%
3690 Densmore Rd Caro, MI 3690 Densmore Rd, Caro, MI 48723 \| Single Family Residential	3 beds \| 3 baths \| 1,800 sq.ft.	$435,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.54% Airbnb Rental Income: $null Traditional Rental Income: $2156 Airbnb ROI: N/A Traditional ROI: 2.54%

Real Estate investment in Caro, MI

There are 41 properties for sale in the city of Caro . The median list price in Caro is $169,898 and the average price per square foot is $98. In September 2026, the average monthly cash on cash return in Caro is 4.00%. The average monthly rental income in Caro is $1,657.

Caro, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 41 investment properties available for sale in Caro.

The ROI for Short-Term is higher than the Long-Term in Caro with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Caro, MI

2455 Jacob Rd

Caro, MI

3 beds | 1 baths | 1,476 sq.ft.

$210,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.67%

Airbnb Rental Income: $null

Traditional Rental Income: $1325

Airbnb ROI: N/A

Traditional ROI: 3.67%

140 Alexander St

Caro, MI

3 beds | 1 baths | 1,500 sq.ft.

$159,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.24%

Airbnb Rental Income: $null

Traditional Rental Income: $1644

Airbnb ROI: N/A

Traditional ROI: 8.24%

112 Alexander St

Caro, MI

4 beds | 2 baths | 1,890 sq.ft.

$229,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.21%

Airbnb Rental Income: $null

Traditional Rental Income: $2284

Airbnb ROI: N/A

Traditional ROI: 8.21%

2031 E Dayton

Caro, MI

3 beds | 2 baths | 1,544 sq.ft.

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.01%

Airbnb Rental Income: $null

Traditional Rental Income: $2204

Airbnb ROI: N/A

Traditional ROI: 4.01%

3473 Mertz Rd

Caro, MI

3 beds | 2 baths | 1,500 sq.ft.

$254,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.62%

Airbnb Rental Income: $null

Traditional Rental Income: $1811

Airbnb ROI: N/A

Traditional ROI: 4.62%

3254 S Plain Rd

Caro, MI

3 beds | 2 baths | 1,408 sq.ft.

$275,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.34%

Airbnb Rental Income: $null

Traditional Rental Income: $1872

Airbnb ROI: N/A

Traditional ROI: 4.34%

0 Weeden Rd

Caro, MI

N/A beds | N/A baths | N/A

$39,900

Airbnb cash on cash: N/A

Traditional cash on cash: 10.86%

Airbnb Rental Income: $null

Traditional Rental Income: $646

Airbnb ROI: N/A

Traditional ROI: 10.86%

2649 Colwood Rd

Caro, MI

4 beds | 2 baths | 3,000 sq.ft.

$589,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.5%

Airbnb Rental Income: $null

Traditional Rental Income: $2313

Airbnb ROI: N/A